Funding you earn now, next payment 12:00 UTC+0.0203%/8h= +22.3% APRnext payment +$1.02 per $10,000 · paid last 24h −0.355%
Price spread now: BingX against Bybit+0.110%7-day average −0.121% · you sell dearer than you buy
Net, funding: paid 7d − costs−$262as in the Funding arb table
Net, price: spread back to 7d avg − costs−$236as in the Price arb table
costs, in and out, $10k−$2592.593% of the position
Funding, last 7 days−0.026%−$3 on $10k
+Price spread, last 7 days−0.624%−$62 · spread now +0.110%, 7d avg −0.121%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and BingX is 0.231% dearer against Bybit than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of −0.121%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.026% in total (about -1.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.02 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit POWRUSDT | 0.06343 | 0.0185 | pay 0.0093% / 4h | 1h 57m | $906K | $511K | 13x |
| Short | BingX POWR-USDT | 0.06350 | 0.0388 | get 0.0194% / 4h | 1h 57m | — | $1.3M | — |
Bybit POWRUSDT
BingX POWR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $42.69
- Price spread: +0.110% → −0.121%
- $23.11
- Slippage, 4 orders
- −$238.31
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$193.52
- Costs to cover
- 2.593%
- Break-even
- 38.7 days
Slippage from Bybit: live order book, 50 min ago; BingX: live order book, 2 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 50 min ago | 4.73 bp | 83.6 bp −$84 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 0.79 bp | 37.4 bp −$37 | 107.5 bp −$1,075 | 438.6 bp −$43.9K | 490.4 bp −$245.2K |
POWR on 10 exchanges
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster POWRUSDT | +0.0100% | 4h | 0.06349 | +0.101% | $13K | $44K | 5x | as long as short |
| Binance POWRUSDT | +0.0100% | 4h | 0.06348 | +0.087% | $1.4M | $2.1M | 50x | as long as short |
| Gate POWR_USDT | +0.0100% | 4h | 0.06335 | −0.126% | $106K | $25K | 10x | as long as short |
| MEXC POWR_USDT | +0.0100% | 4h | 0.06348 | +0.079% | $1.1M | $110K | 50x | as long as short |
| KuCoin POWRUSDTM | +0.0100% | 4h | 0.06362 | +0.300% | $635K | $99K | 30x | as long as short |
| Bitget POWRUSDT | +0.0100% | 4h | 0.06351 | +0.126% | $369K | $197K | 50x | as long as short |
| Variational Omni POWR | +0.0126% | 4h | 0.06343 | 0.000% | $509 | $2K | — | as long as short |
| Bybit POWRUSDTlong | +0.0185% | 4h | 0.06343 | long leg | $906K | $511K | 13x | |
| Kraken Futures PF_POWRUSD | +0.0286% | 1h | 0.06360 | +0.273% | $16K | $11K | 10x | as long as short |
| BingX POWR-USDTshort | +0.0388% | 4h | 0.06350 | +0.110% | — | $1.3M | — |
Aster POWRUSDT
Binance POWRUSDT
Gate POWR_USDT
MEXC POWR_USDT
KuCoin POWRUSDTM
Bitget POWRUSDT
Variational Omni POWR
Kraken Futures PF_POWRUSD